香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 自願性公告 與新火科技建立戰略合作夥伴關係 Boyaa Interactive International Limited 博雅互動國際有限公司 （股份代號：0434） （於開曼群島註冊成立的有限公司） 戴志康 託有限公司持有香港公司註冊處頒發的TCSP信託牌照。新火科技在區塊鏈技術、金融科 技和其他創新科技技術領域及合規數字資產管理能力上具有強大優勢和豐富經驗。 本集團董事會認為，此次戰略合作將對本集團Web3戰略轉型的實施起到重要支持作用， 新火科技的技術實力和行業資源可進一步促進本集團在Web3領域的業務發展和佈局。本 集團將在Web3領域進行深耕，依托我們在互聯網遊戲行業的豐富經驗及香港新Web3政 策帶來的發展機遇，致力於將公司打造為純粹、領先的Web3遊戲生態公司。 承董事會命 博雅互動國際有限公司 主席兼執行董事 本公告乃博雅互動國際有限公司（「本公司」，連同其附屬公司統稱「本集團」或「博 ...

Core Viewpoint - ZhongAn Smart Life (02271.HK) is set to sign a memorandum of cooperation with a licensed virtual asset trading platform operator in Hong Kong, aiming to explore opportunities in the digital asset sector and enhance its core competitiveness through technological advancements in digital assets [1][2]. Summary by Relevant Sections - **Cooperation Objectives** - The collaboration will focus on exploring business opportunities related to digital assets [1]. - The company plans to open an account on the platform to prepare for future investments in cryptocurrency assets [1]. - **Infrastructure and Support** - The platform will provide digital asset infrastructure support to help the company explore custody and allocation paths for cryptocurrency assets within a compliant framework [1]. - Technical advice and compliance support will be offered by the platform, along with the establishment of regular technical discussions and business exchanges [1]. - **Strategic Goals** - This partnership aims to strengthen the company's existing business foundation and leverage cutting-edge technology in the digital asset field to drive business innovation and digital transformation [1].

Core Insights - New Fire Technology has unveiled a strategic development plan aimed at becoming Asia's largest private banking-level digital asset custodian, positioning itself as the "Goldman Sachs" of the crypto industry [2] - The company aims to address the four core challenges faced by new investors in the digital currency market: trading difficulties, custody issues, investment complexities, and inheritance challenges [6][4] - The strategic upgrade includes the launch of the "Star Map Plan" and a $500 million DAT Special Plan to enhance collaboration with traditional financial institutions and capture investment opportunities in leading digital asset projects [8][9] Company Strategy - The strategic release highlighted the introduction of a comprehensive service platform for high-net-worth clients, offering a full range of digital asset services including fiat currency deposits, discounted purchases, and industry-leading asset custody [7] - The company aims to integrate traditional private banking services with blockchain technology to create a seamless experience for clients, covering all aspects from trading to inheritance [7][10] - The new management team and the use of the domain 1611.HK were announced as part of the strategic upgrade [7] Market Context - The overall market capitalization of digital currencies has surpassed $4 trillion, reflecting a 78.54% increase compared to the same period in 2024, indicating a significant growth in the crypto market [4] - The demand for professional, compliant, and customized digital asset services is increasing among high-net-worth investors as the market evolves [6] Strategic Partnerships - New Fire Technology has signed strategic cooperation agreements with five leading institutions, including OSL Group and Bosera International, to enhance OTC services and digital asset management [11][12] - The partnerships aim to leverage each organization's strengths to create a secure and compliant investment ecosystem [11][12]

Group 1 - The core viewpoint of the article highlights that 瑞和数智 (Rehui Shuzhi) has seen its stock price double in the past month, with a current increase of 6.91% to HKD 2.63, and a trading volume of HKD 14.4166 million [1] - The company plans to hold a board meeting on August 22 to consider and approve its interim performance, with a positive earnings forecast indicating a turnaround in revenue for the first half of 2025, estimated at approximately RMB 43 million to 44 million [1] - The anticipated revenue growth is attributed to substantial returns from forward-looking investments, significant improvements in management efficiency, and ongoing cost reduction and efficiency enhancement initiatives [1] Group 2 - In July, the company announced plans to invest HKD 80 million in the cryptocurrency and Web 3.0 sectors, aligning with the Hong Kong government's push for virtual asset industry development [1] - The investment strategy includes focusing on digital assets and cultivating on-chain financial resources to accelerate the transformation of traditional financial services to on-chain models, particularly in the Greater China region [1] - Additionally, the company is collaborating with Shanghai Yuanlu Jiajia Information Technology Co., Ltd. to develop an integrated solution centered around domestic GPUs, combining hardware, software, and industry capabilities [1]

Core Viewpoint - 瑞和数智's stock price has doubled in the past month, reflecting strong market confidence ahead of its upcoming mid-term performance announcement [1] Group 1: Stock Performance - 瑞和数智's stock rose over 8%, currently trading at 2.63 HKD with a trading volume of 14.42 million HKD [1] - The stock has achieved a 100% increase in the last month [1] Group 2: Financial Performance - 瑞和数智 anticipates a turnaround in its mid-term performance, projecting a profit of approximately 43 to 44 million RMB for the first half of 2025 [1] - The expected profit is attributed to substantial returns from forward-looking investments, significant improvements in management efficiency, and ongoing cost reduction initiatives [1] Group 3: Strategic Investments - In July, 瑞和数智 announced plans to invest 80 million HKD in cryptocurrency assets and the Web 3.0 sector, aligning with the Hong Kong government's push for virtual asset industry development [1] - The company aims to accelerate the on-chain transformation of traditional financial services by investing in digital assets and nurturing on-chain financial resources, focusing on the Greater China region [1] - 瑞和数智 is collaborating with Shanghai Yuanlu Jiajia Information Technology Co., Ltd. to develop an integrated solution centered around domestic GPUs, combining hardware, software, and industry capabilities [1]

Core Viewpoint - Huajian Medical (1931.HK) has experienced a significant stock price increase, reaching a historical high, driven by its strategic move into the global enhanced Ethereum treasury market [1] Group 1: Stock Performance - The stock price of Huajian Medical surged nearly 27% to 9.95 HKD, marking a new historical high [1] - The stock has seen a cumulative increase of 120% in July, with prices doubling again in August [1] Group 2: Strategic Initiatives - Huajian Medical has officially launched a strategy for a "global enhanced Ethereum treasury" with a focus on Ethereum as a core reserve asset [1] - The company aims to become a leading listed company in terms of Ethereum reserve scale in the Hong Kong market and globally [1] - Funding for this strategy will come from various sources, including self-owned funds, stable annual distributable profits, replacement of inefficient inventory assets, and continuous financing through ATM (At-The-Market) [1] Group 3: Partnerships and Collaborations - The company has signed a global strategic cooperation framework agreement with HashKey Group, a leading digital asset financial services group [1] - This partnership aims to accelerate the implementation of the "global enhanced Ethereum treasury" strategy and provide efficient, secure, and compliant digital asset services to global clients [1] Group 4: Cryptocurrency Market Context - The cryptocurrency market has shown strength, with Bitcoin surpassing 12.1 thousand USD per coin and Ethereum breaking through 4300 USD per coin, reaching a new high since the end of 2021 [1]

Core Viewpoint - The article discusses the revitalization of Hong Kong's financial market and its positive impact on the local tech innovation ecosystem, highlighting the establishment of the "Patient Capital Strategy Fund" to support long-term investments in Hong Kong's tech sector [1][2]. Group 1: Investment Landscape - Gobi Partners has invested in over 70 local Hong Kong companies since entering the market in 2016, including 8 unicorns, demonstrating a strong commitment to the region's tech ecosystem [2][4]. - The Hong Kong government has launched over HKD 10 billion in funding initiatives to support tech innovation, enhancing the conversion of university research into marketable projects [4][12]. Group 2: Patient Capital Strategy Fund - The "Patient Capital Strategy Fund" aims to attract long-term capital, particularly from sovereign funds, to support deep tech projects in areas like AI, advanced manufacturing, biotech, and green technology [5][6]. - The fund seeks to promote collaboration between academia and industry, enhancing the commercialization of research outcomes from Hong Kong's top universities [5][12]. Group 3: Advantages of Hong Kong - Hong Kong's international financial center status provides a favorable legal and regulatory environment, making it easier for tech companies to gain international investor trust and conduct cross-border business [10][11]. - The region's geographical position allows tech companies to leverage both mainland China's resources and global market access, enhancing their operational capabilities [11][12]. - The capital market in Hong Kong is more mature and internationalized compared to mainland cities, offering diverse financing options for tech companies at various stages of growth [11][13]. Group 4: Challenges and Improvements - While Hong Kong's tech financing ecosystem has some shortcomings, particularly in early-stage investments, recent government initiatives and university-led funds are improving the situation [12][13]. - The IPO market in Hong Kong has become increasingly favorable for tech companies, with reforms allowing for more flexible listing options, which has led to a significant increase in tech and biotech IPOs [13].

Core Insights - The Hong Kong financial market is showing signs of recovery, injecting new vitality into the tech innovation sector [1][5] - Gobi Partners has invested in over 70 local Hong Kong companies, including 8 unicorns, and emphasizes the importance of the Greater Bay Area's development [2][3] - The establishment of the "Patient Capital Strategy Fund" aims to attract long-term capital to support Hong Kong's tech innovation projects [3][4] Investment Environment - Gobi Partners has been active in Hong Kong since 2016, focusing on local startups and benefiting from government initiatives like InnoHK and the 1+ Plan [2][6] - The recovery of the capital market has boosted entrepreneurs' confidence, leading to an increase in tech startups establishing headquarters in Hong Kong [6][7] - The influx of international capital with a long-term investment perspective is enhancing the quality of investments in Hong Kong's tech sector [6][8] Unique Advantages of Hong Kong - Hong Kong's international legal framework and tax system make it an attractive location for tech companies aiming for global markets [7][8] - The city serves as a crucial link between mainland China and international markets, leveraging its geographical position [7][8] - The capital market in Hong Kong is more mature and offers flexible financing options, including recent reforms that benefit tech companies [8][11] Challenges and Improvements - While there are challenges such as high costs and a relatively weak manufacturing base, integration with cities like Shenzhen is addressing these issues [9][10] - The financing ecosystem is evolving, with improvements in early-stage investment and government initiatives supporting tech projects [10][11] - The IPO market is becoming increasingly favorable for tech companies, with significant representation expected in 2024 [11]

Summary of the Conference Call for Xinghuo Technology Industry and Company Overview - The conference call pertains to Xinghuo Technology, a company listed in Hong Kong, focusing on compliant digital asset services, including asset management, custody, quantitative trading, and intelligent solutions [3][4][5]. Core Business and Services - Xinghuo Technology operates four main business lines: 1. **Asset Management**: Managed under a 149 license, with approximately $100 million AUM across 12 funds, partnering with institutions like Dongfang Securities and Founder Securities [5]. 2. **Quantitative Trading**: Managed by an in-house team, focusing on strategy development and providing collaborative services [5]. 3. **Custody Services**: Offers digital asset custody under the TCSE license, with a custody scale in the tens of millions of dollars, serving over 170 institutional clients [5]. 4. **Intelligent Solutions**: Provides core intelligent solutions to the industry [5]. Regulatory Environment and Strategic Plans - The company is analyzing the upcoming Hong Kong stablecoin legislation, planning to offer comprehensive services and technical solutions related to stablecoins [6]. - Although not yet applying for a Hong Kong crypto exchange license, Xinghuo Technology is exploring partnerships and opportunities in the digital asset exchange sector [8]. - The company has a strategic focus on compliance and risk governance, aiming to provide flexible support to clients post-legislation [6]. Market Trends and Future Outlook - The company views the trend towards compliance and institutionalization in the crypto asset sector positively, intending to lead industry development in the Asia-Pacific region [17]. - The regulatory landscape for crypto exchanges in Hong Kong began in February 2023, with a licensing system established for virtual asset service providers [7]. - Xinghuo Technology plans to utilize funds from a recent capital increase to explore potential developments in stablecoin and exchange licenses [10]. Competitive Advantages - Xinghuo Technology holds a unique position as the first company in Hong Kong to offer full discretionary account management for virtual assets under the "Big Nine" license, allowing 100% investment in virtual assets [13]. - The company has a strong understanding of the blockchain industry, with key shareholders being industry veterans, which enhances its ability to seize opportunities [20][21]. Financial and Investment Strategy - The asset management business currently sources all funds from overseas, with investments made through designated exchanges like HashKey and Coinbase [11]. - The company’s asset management services are exclusively available to professional investors due to regulatory restrictions [12]. Challenges and Considerations - The company acknowledges the need to balance compliance with the demand for gray market trading, emphasizing the importance of anti-money laundering (AML) and know your customer (KYC) practices [18]. - Future profitability is expected to favor companies with clear business models and compliance capabilities, particularly as the market evolves [19]. Conclusion - Xinghuo Technology is positioned to capitalize on the growing demand for compliant digital asset services, with a robust strategy to navigate regulatory changes and market dynamics while leveraging its competitive advantages in the industry [17][21].

Core Insights - The company, Weihui Technology Holdings, positions itself as a leader in global precious metals trading and digital asset services by leveraging "quantum algorithm trading + AI" as its core engine [1] Group 1: Technological Breakthroughs - Weihui Technology has built a supercomputing cluster using 3,000 NVIDIA H100 cards, enhancing quantum algorithm trading efficiency significantly [2] - The AI system utilizes quantum superposition, entanglement, and state measurement to reduce high-frequency decision latency to 5 milliseconds, achieving a 100-fold speed increase compared to traditional systems [2] - The system supports 28 trillion hash operations and 1.2 million cross-market checks per second, with a peak daily trading volume of over 3 million ounces in precious metals [2] Group 2: Dual-Engine Strategy - The company has introduced the "Alpha Dual PAMM dual-strategy intelligent asset management" combination, which includes a gold shield and a crypto spear [4] - The gold shield offers spot trading for 99 gold and Hong Kong dollar kilogram bars, with a blockchain settlement system achieving second-level delivery by 2024 [4] - The crypto spear captures BTC/ETH volatility arbitrage, with historical monthly returns ranging from 8% to 15% [4] - The intelligent hedging employs FPGA+GPU architecture for nanosecond-level rebalancing, maintaining portfolio stability during extreme market conditions [4] Group 3: Compliance and Security - Weihui Technology's foundation is built on licensed precious metals service provider qualifications, supplemented by multiple safeguards [5] - The company holds a B-class license from the Hong Kong Gold and Silver Exchange and a MAS exemption license from Singapore, ensuring transparent and traceable fund custody [5] - Collaboration with Hiscox provides dual protection through "PAMM custody + professional underwriting" [5] - The company boasts an average daily trading volume exceeding $1 trillion in precious metals, with a 30% reduction in spreads and slippage controlled within 0.1% [5] Group 4: Future Layout - Weihui Technology is strategically positioning itself in the metaverse financial ecosystem and global service network [6] - The company plans to implement a web-based clientless trading system that connects directly to multiple liquidity providers, improving response speed by 70% [6] - A 2030 plan includes the development of an Omniverse 3D trading hall with AI virtual advisors available 24/7 [7] - The company aims to cover ten major financial centers by 2027, reducing global latency to 80 milliseconds [7] Group 5: Data Validation - In 2024, gold prices are projected to rise by 15%, with hedging strategies expected to outperform benchmarks by 30% on an annualized basis [8] - The company's managed assets have surged by 40% year-on-year, targeting $5 billion in institutional AUM by 2025 [8] - The system achieves a data latency of 50 microseconds and maintains slippage control at 0.1%, certified by NVIDIA's supercomputing ecosystem [8] - The CEO emphasizes the goal of investing $100 million over the next three years to enhance quantum algorithm trading and the metaverse financial ecosystem [8]